5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Dollar Tree, Ticker: $DLTR

Dollar Tree, $DLTR, comes into the week breaking resistance. It has a RSI in the bullish zone with the MACD flat but positive. Look for continuation to participate…..

F5, Ticker: $FFIV

F5, $FFIV, comes into the week breaking resistance. It has a RSI rising toward the bullish zone with the MACD crossed up but negative. Look for continuation to participate…..

Intercontinental Exchange, Ticker: $ICE

Intercontinental Exchange, $ICE, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD level and positive. Look for a push over resistance to participate…..

Jabil, Ticker: $JBL

Jabil, $JBL, comes into the week at resistance. It has a RSI rising at the midline with the MACD crossed up. Look for a push over resistance to participate…..

Visa, Ticker: $V

Visa, $V, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD flat and positive. Look for a push over resistance to participate…..

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which heading into the May options expiration week, saw equity markets stalled and chopped around in narrow ranges.

Elsewhere look for Gold to consolidate in the uptrend while Crude Oil consolidates in a broad range. The US Dollar Index continues in consolidation with perhaps a drift to the upside while US Treasuries consolidate in the bounce. The Shanghai Composite looks to continue in consolidation as well while Emerging Markets consolidate too.

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Anthem, Ticker: $ANTM

Anthem, $ANTM, pulled back from a top in June. When it reversed in July it met resistance at a lower high and fell back. It made a lower low last week but ended with a strong reversal. The RSI is moving back higher and the MACD is leveling and positive. Look for continuation to participate…..

Dollar Tree, Ticker: $DLTR

Dollar Tree, $DLTR, gapped higher in May to reach a top. It pulled back from there to close the big gap and found support. It reversed from there to make a higher high in August before another pullback. Last week it found support again and started to turn back higher. The RSI is also reversing to the upside with the MACD crossing up. Look for continuation to participate…..

IDEXX Laboratories, Ticker: $IDXX

IDEXX Laboratories, $IDXX, bottomed in March, printing a Morning Star Reversal pattern. It continued higher from there to a top at the end of July. After a minor pullback it retested the top and failed again, pulling back to a low last week. It reversed by the end of the week and is at short term resistance. The RSI is rising back towards the bullish zone with the MACD crossing up. Look for a push over resistance to participate…..

UPS, Ticker: $UPS

UPS, $UPS, gapped higher after reaching the February high in July. It continued higher to a consolidation zone and has settled there since. It ended last week moving to the top of the zone with the RSI rising in the bullish zone and the MACD turning to cross up. Look for a push over resistance to participate…..

Workday, Ticker: $WDAY

Workday, $WDAY, confirmed a double bottom in April and continued higher to retake the February high in July. It stalled there and consolidated until a gap up and run higher at the end of August. It pulled back from there and found support last week. It reversed higher and is now at short term resistance. The RSI is turning higher in the bullish zone with the MACD turning to cross up. Look for a push over resistance to participate…..

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After reviewing over 1,000 charts, I have found some good setups for the week.  These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with only 3 trading days left in the 3rd Quarter, sees equity markets continuing to show weakness.

Elsewhere look for Gold to continue its pullback in an uptrend while Crude Oil consolidates in a broad range. The US Dollar Index looks to continue the move to the upside while US Treasuries consolidate. The Shanghai Composite and Emerging Markets looks to continue the pullback in consolidation.

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Chemed, Ticker: $CHE

Chemed, $CHE, started to move up out of consolidation at the start of June. It quickly met resistance and pulled back. Last week that reversed and it started back higher, closing at a new all-time high Friday. The RSI is bullish and rising with the MACD positive and moving higher. Look for continuation to participate…..

Dollar Tree, Ticker: $DLTR

Dollar Tree, $DLTR, rose from a November low, topping out at the end of April. It pulled back to a higher low into May and found support, reversing at the end of the month. Friday it closed, pushing over the April top. The RSI is bullish and rising with the MACD positive and moving up. Look for continuation to participate…..

The Hartford, Ticker: $HIG

The Hartford, $HIG, has been moving higher in a strong trend since a December low. It has a minor pullback 2 weeks ago and last week moved over the prior top. The RSI is bullish with the MACD rising and positive. Look for continuation to participate…..

IBM, Ticker: $IBM

IBM, $IBM, pulled back from a top in October, making a bottom eventually in December. From there it rose, and confirmed a double bottom with a gap up in January. It slowed as it moved over the 200 day SMA and made a top in April. The pullback from there found support at the start of June and reversed. It finished last week at resistance with the RSI rising in the bullish zone and the MACD positive and moving higher. Look for a push over resistance to participate…..

Valero, Ticker: $VLO

Valero, $VLO, fell from a high in October to a low in December. A bounce recovered about half of the drop but then reversed in May. It found support at a retest of the low and is now moving back higher. Friday it moved above the prior two lows with the RSI pushing into the bullish zone and the MACD about to cross to positive. Look for continuation to participate…..

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After reviewing over 1,000 charts, I have found some good setups for the week.  These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with June options expiration complete, saw equity markets looking strong with 1 week left in the first half of the year.

Elsewhere look for Gold to continue in its uptrend while Crude Oil joins it moving higher. The US Dollar Index looks to continue to retrench lower while US Treasuries pause in their uptrend. The Shanghai Composite looks to continue its reversal higher while Emerging Markets continue their short term uptrend.

EARNING UPDATE $DLTR Dollar Tree, Inc. for quarter ending q_Jul18 – Revenue grew, Margins expanded

[s2If !current_user_can(access_s2member_level0)]Please login to read the earning update on DLTR [lwa][/s2If][s2If current_user_can(access_s2member_level0)]Dollar Tree, Inc. reported earnings (EPS) of 1.15 per share for the quarter ending q_Jul18. This is vis-vis 0.67 per share for the previous quarter ending q_Apr18, a growth of 71.6 %. Compared to last year same quarter (q_Jul17), earnings grew…

#DLTR Earning declared EPS = 1.15 vs estimate= 1.16 for Q2/18 #sym #spy #earnings #markets

Earning released for DLTR: Actual EPS = 1.15 per share Estimate = 1.16 per share

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DLTR report:

The mean EPS over the last 16 releases is 1.0 per share. The current EPS at 1.15 per share is above the average EPS of the last 16 quarterly earning releases.

DLTR Stock Chart:

DLTR Scores:

DLTR Fundamental Score = Click…

EARNING UPDATE $DLTR Dollar Tree, Inc. for quarter ending q_Apr18 – Revenue fell, Margins contracted

[s2If !current_user_can(access_s2member_level0)]Please login to read the earning update on DLTR [lwa][/s2If][s2If current_user_can(access_s2member_level0)]Dollar Tree, Inc. reported earnings (EPS) of 0.67 per share for the quarter ending q_Apr18. This is vis-vis 4.37 per share for the previous quarter ending q_Jan18, a decline of 84.7 %. Compared to last year same quarter (q_Apr17), earnings fell…

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Altaba, Ticker: $AABA

Altaba, $AABA, the former Yahoo, started a move higher in the beginning of 2017. It slowed into the end of the year and then got mixed up in the volatility over the last 2 months. It pulled back to the 100 day SMA in February and bounced to a lower higher, only to fall back to the 100 day SMA against the beginning of March, a higher low. Not it making a higher high and near the all-tie high. The RSI is rising and bullish with the MACD rising and positive. Look for a push to a new high to participate.....

Dollar Tree, Ticker: $DLTR

Dollar Tree, $DLTR, started to move higher in July 2017, reaching atop in January this year. It had a mild pullback near the 100 day SMA to start February, but then fell again following its earnings report with a gap down to the 200 day SMA. Since then it has been moving back up with a RSI that i pushing higher and a MACD moving to cross up. Look for continuation to participate higher.....

LPL Financial, Ticker: $LPLA

LPL Financial, $LPLA, has had a better than 2 year trend to the upside. It has paused and regrouped along the way, the latest time in November. With the market pullback it had just a minor hiccup and is now back at resistance. The RSI is in the bullish zone with the MACD trying to cross up but positive. Look for a push higher to participate.....

Phillips 66, Ticker: $PSX

Phillips 66, $PSX, rounded out of a bottom last spring, moving higher to a top in January. It pulled back from there to the 200 day SMA and then bounced. A smaller pullback reversed at the end of last week and it is back at resistance. The RSI is pushing higher toward the bullish zone with the MACD rising and about to turn positive. Look for a push through resistance to continue higher.....

Visa, Ticker: $V

Visa, $V, ran higher through 2017 and accelerated into January of this year. It pulled back with the market, finding support at the 100 day SMA and bouncing. It has been riding the 50 day SMA higher ever since. Now it is at resistance with the RSI bullish and rising and the MACD positive and moving higher. Look for a push over resistance to participate higher.....

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with March Options Expiration done and spring around the corner sees the Equity Index ETF's looking mixed but positive.

Elsewhere look for Gold to consolidate with a downward bias while Crude Oil consolidates in a tight range. The US Dollar Index is also consolidating in a downtrend, trying hard to reverse it, while US Treasuries are showing signs of a potential reversal to the upside. The Shanghai Composite and Emerging Markets continue to consolidate, the former around long term support and resistance, and the latter at the highs.